Market Example of Nightly Zone and Breakaway Points
Date Shown: January 29, 2003
This example will show you the zone and breakaway points for a specific day, January 29, 2003 on the Spyders's (SPY).
The information seen below is shown in the same format as subscribers receive.
| Zone Points |
| Buy Zones |
|
Sell Zones |
| Buy Zone: |
85.18 |
Sell Zone: |
86.45 |
| Stop Setting: |
84.55 |
Stop Setting: |
87.09 |
| Objective: |
85.79 |
Objective: |
85.79 |
Breakaway Zones |
| Buy BreakAway |
|
Sell BreakAway |
| Buy Breakaway Zone: |
83.91 |
Sell Breakaway Zone: |
87.72 |
| Buy Breakaway Stop: |
84.55 |
Sell Breakaway Stop: |
87.09 |
| Buy Breakaway Target: |
82.21 |
Sell Breakaway Target: |
88.99 |
Previous Day's Range Evaluations |
| Total Intraday Range: |
1.27 |
|
Range in Dollars: |
$1.27 |
|
10 Minute Chart of the Spyders, January 29, 2003 shown
Zone Buy was triggered at 85.18 and profis were taken. Later in the day the Sell Zone was triggered and stopped out.
Trade #1 - Zone Buy
Buy at 85.18
Offset at 85.79
Profit of 0.61 points
|
| Daily Totals:1 Profitable Trade, profit of 0.61 points. |
